Thursday, February 28, 2019

Box misses Q4 expectations with $163.7M revenue, up 20% YoY and compared to $164.2M estimated, and issues weak Q1 guidance; stock drops 24%+ after hours (Lauren Feiner/CNBC)

Lauren Feiner / CNBC:
Box misses Q4 expectations with $163.7M revenue, up 20% YoY and compared to $164.2M estimated, and issues weak Q1 guidance; stock drops 24%+ after hours  —  - Shares of Box fell as much as 23 percent in after hours trading Wednesday after the company reported its Q4 2019 earnings.



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Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel paid $17B for Altera in 2015 (Bloomberg)

Bloomberg : Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel...